Includes copyrighted material of Insurance Services Office, Inc., with its permission.

April 7, 2019

As generations come and go society changes. Those brought up in the sixties had different experiences than those brought up in the nineties, and the trend continues. In the past several years we've seen the development of the gig economy with ride-sharing, car-sharing, home-sharing, and many other changes in how society works. Due to a number of factors it is common for people to continue to live with their parents much longer than previous generations did, or to live with roommates. As society changes so does insurance. ISO has developed a new endorsement for the Personal Inland Marine policy that allows an individual's belongings to be covered regardless of location. The form is the Your Belongings Form PM 00 43 03 19.  This article discusses this new endorsement.